Alaska Administrative Code
Title 7 - Health and Social Services
Part 3 - Public Assistance and Medical Assistance
Chapter 47 - General Relief
Article 5 - Alaska Senior Assistance Program
7 AAC 47.815 - Resource limits
Universal Citation: 7 AK Admin Code 47.815
Current through August 30, 2024
(a) An individual is eligible for assistance under 7 AAC 47.800 - 7 AAC 47.890 if the individual has total resources at the time of application that do not exceed the following amounts:
(1) for an individual, $4,000;
(2) for an individual and spouse who are
living together, $6,000.
(b) In determining resources under this section, the department will count only resources that are considered
(1) liquid resources as defined under
20 C.F.R.
416.1201(b), as revised as
of April 1, 2002 and adopted by reference; and
(2) legally available to the individual to
meet the individual's basic needs.
(c) In determining resources under this section, the department will not count up to $1,500 of money set aside for the burial of an eligible individual and up to $1,500 of money set aside for the burial of the eligible individual's spouse.
Authority:AS 47.05.010
AS 47.25.120
AS 47.25.130
AS 47.25.140
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